Excellent opportunity for first-time buyers and investors alike! This move-in ready 3 bedroom, 2 full bathroom half duplex offers flexibility, updates, & income potential in a convenient central location close to transit, schools, and shopping. The upper level has been newly renovated with fresh paint, new flooring, & upgraded Starline windows creating a bright, modern living space. Major upgrades have already been completed including a newer roof, furnace, gas hot water tank, appliances, & updated shower allowing for low maintenance ownership & peace of mind. The lower level features a self-contained 1 bedroom suite with separate laundry, ideal as a mortgage helper or for extended family living. It was a two bedroom & with the replacement of one wall it could easily be converted back. Outside, enjoy a large fenced backyard, two storage sheds, & abundant parking for multiple vehicles or recreational toys. Whether you’re entering the market or expanding your investment portfolio, we believe this price offers great value when compared to similar units sold & considering the revenue this home can bring as a rental. The main level fetches $2100 a month, the lower level could currently bring in around $1400 as is, or possibly up to $2100.00 if improved. We are looking at approximately $3,500.00–$4,200.00 per month of rental revenue. At a borrowing cost of approximately $500 a month per $100,000.00 borrowed, this home should be cash flow positive at the listed price. (id:43281)
422 Rutland Road South, Kelowna
MLS®™ 10375489
Property Details
- Address:
- 422 Rutland Road South, Kelowna, British Columbia
- Price:
- $ 587,000
- MLS Number:
- 10375489
- List Date:
- February 19th, 2026
- Lot Size:
- 0.13 ac
- Year Built:
- 1972
- Taxes:
- $ 2,974
Interior Features
- Bedrooms:
- 3
- Bathrooms:
- 2
- Air Conditioning:
- Window air conditioner
- Heating:
- Forced air
Building Features
- Architectural Style:
- Split level entry
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Irrigation District
- Garage:
- Carport, RV, Street, Oversize, Additional Parking
- Garage Spaces:
- 5
- Ownership Type:
- Freehold
- Taxes:
- $ 2,974
Floors
- Finished Area:
- 1800 sq.ft.
Land
- Lot Size:
- 0.13 ac
Neighbourhood Features
- Amenities Nearby:
- Pets Allowed
Ratings
Commercial Info
Location
Mortgage Calculator
Neighbourhood Details
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